Community | April 26, 2011 | 0 comments

Oil falls to near $111 as US dollar strengthens

source: http://news.yahoo.com/s/ap/20110426/ap_on_re_as/oil_prices

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Oil prices fell to near $111 a barrel Tuesday in Asia as a stronger dollar made crude more expensive for investors with other currencies.Benchmark crude for June delivery was down $1.08 at $111.20 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost a penny to settle at $112.28 on Monday.
LINK : http://news.yahoo.com/s/ap/20110426/ap_on_re_as/oil_prices;_ylt=AgF5h5T57KQ6XQfT...
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  2. tags:
    Business,  Oil Prices,  US Dollar
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